Super Micro Computer Inc expected to post earnings of 75 cents a share - Earnings Preview

Reuters11-04

* Super Micro Computer Inc is expected to show a rise in quarterly revenue when it reports results on November 6 for the period ending September 30 2024

* The San Jose California-based company is expected to report a 204.2% increase in revenue to $6.449 billion from $2.12 billion a year ago, according to the mean estimate from 10 analysts, based on LSEG data.The company's guidance on August 6 2024, for the period ended September 30, was for revenue between $6.00 billion and $7.00 billion.

* ​LSEG's mean analyst estimate for Super Micro Computer Inc is for earnings of 75 cents per share. The company's EPS guidance on August 6 2024, for the period ended September 30, was between $0.67 and $0.83

* The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 4 "strong buy" or "buy," 10 "hold" and 1 "sell" or "strong sell."

* The mean earnings estimate of analysts was unchanged in the last three months. ​

* Wall Street's median 12-month price target for Super Micro Computer Inc is 62.50​, above​ its last closing price of $26.05. ​​​

The company's guidance on August 6 2024 for the period ended September 30 was for Capital Expenditures between USD45 million and USD55 million. Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI

ENDING ARTESTIMAT ESTIMATE MET, SE %

E® MISSED

Jun. 30 2024 0.81 0.81 0.63 Missed -22.5

Mar. 31 2024 0.58 0.58 0.67 Beat 15

Dec. 31 2023 0.55 0.49 0.56 Beat 13.3​

Sep. 30 2023 0.32 0.31 0.34 Beat 12.2

​​Jun. 0.31 0.30 0.35 Beat 18.7

30 2023

Mar. 31 2023 0.13 0.17 0.16 Missed -4.6​

Dec. 31 2022 0.32 0.30 0.33 Beat 7.7

Sep. 30 2022 0.31 0.25 0.34 Beat 34.5

This summary was machine generated November 4 at 15:34 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

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Comments

  • setia100
    11-05
    setia100
    Auditor not accept it ❗🤔
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